How to Repair the Bungling, Broken IMF
Posted in Main Blog (All Posts) on May 22nd, 2011 4:31 am by HL
How to Repair the Bungling, Broken IMF
Larry Kudlow, IBD
As the International Monetary Fund gets ready to choose a successor to Dominique Strauss-Kahn, who resigned following his arrest on charges that he sexually assaulted and raped a hotel housekeeper, it would be a good thing to step back for a moment and ask: What should the IMF do? More specifically, can the IMF possibly morph itself into a worldwide force for economic growth instead of Bailout Nation?Yes, it's a powerful global economic agency. It's also one with a very checkered past. Usually opting for austerity policies, such as currency devaluation and tax increases, the IMF has…
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Israel’s 1967 Borders Aren’t Defensible
Dore Gold, Wall Street Journal
It's no secret that Palestinian Authority President Mahmoud Abbas plans to lobby the U.N. General Assembly this September for a resolution that will predetermine the results of any Israeli-Palestinian negotiations on borders. He made clear in a New York Times op-ed this week that he will insist that member states recognize a Palestinian state on 1967 lines, meaning Israel's boundaries before the Six Day War.